Where you can cash in on Florida's cooling housing market
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There are a record number of properties for sale in Florida, with 168,717 homes listed in February.Some cities have doubled the amount of listings on the market since last year.The biggest increase in listings from last year occurred in areas with more affordable homes.Florida's housing market is cooling as a record-setting number of homes were listed for sale in February.According to Realtor.com, 168,717 properties went on the market in February,the highest number the site has recorded since it started keeping track in 2016.The total number of properties for sale in Florida jumped by 40% since February 2024, Realtor.com found. In some cities, there are more than double the number of listings compared to last year. Only seven cities out of the 252 Realtor.com tracked had fewer listings this year than last.Economists and other housing-market experts use increases in inventory to identify areas where demand and competition for houses might be waning. There, homebuyers might start to have an edge over home sellers. Increased inventory is also an indicator that home prices could fall.Even though Palm Beach real estate is experiencing what some brokers call a "Trump bump," with expensive properties changing hands, other parts of the state are getting cheaper."Home shoppers in Bradenton and Sarasota are in for a treat with climbing inventory, falling prices, and longer time on market," Realtor.com senior economic research analyst Hannah Jones said in the report. "Buyers are likely to find more seller flexibility as homeowners aim to attract buyer attention."Because the pandemic housing boom led to record-low levels of inventory nationwide, more homes for sale can sometimes signal a return to normal rather than a housing-market decline. In some parts of Florida, however, the influx of homes on the market and other forces are already having an effect on property values.Take Greenacres, Florida, an enclave 10 miles southwest of West Palm Beach. In January 2025, the median listing price was $259,950, 13% less than in January 2024.Other factors are weighing on the Florida housing market, including relatively higher mortgage rates that stifle homebuyer demand, intensifying property damage from natural disasters, and rising homeowners' association, or HOA, fees.Here are 17 Florida cities with the biggest increases in homes for sale year-over-year, according to data from Realtor.com. Homebuyers and investors may want to eye these spots for better deals and more negotiating power.The Realtor.com data about homes on the market is from February 2025, while the median listing prices are from January, the most recent month available.17. The VillagesThe Villages, Florida. Michael Warren/Getty Images Properties on the market: 594Increase in homes for sale year-over-year: 76.5%Median listing price: $389,25016. OldsmarOldsmar, Florida. Anita Denunzio/Getty Images Properties on the market: 144Increase in homes for sale year-over-year: 76.7%Median listing price: $379,45015. TequestaTequesta, Florida. Thomas Barrat/Shutterstock Properties on the market: 111Increase in homes for sale year-over-year: 76.8%Median listing price: $749,00014. GreenacresGreenacres, Florida. Courtesy of Hana R. Alberts Properties on the market: 331Increase in homes for sale year-over-year: 78.9%Median listing price: $259,95013. Fort Myers BeachFort Myers Beach, Florida. Philippe TURPIN/Getty Images Properties on the market: 508Increase in homes for sale year-over-year: 83.1%Median listing price: $799,99912. St. AugustineSt. Augustine, Florida. Shutterstock/ Sean Pavone Properties on the market: 1,596Increase in homes for sale year-over-year: 84.2%Median listing price: $612,00011. TavaresTavares, Florida. Jillian Cain Photography/Shutterstock Properties on the market: 152Increase in homes for sale year-over-year: 92.40%Median listing price: $359,00010. HarmonyHarmony, Florida. JennLShoots/Shutterstock Properties on the market: 121Increase in homes for sale year-over-year: 100.00%Median listing price: $364,5009. Royal Palm BeachRoyal Palm Beach, Florida. Andre Delisser/Shutterstock Properties on the market: 218Increase in homes for sale year-over-year: 100.00%Median listing price: $479,9508. Ave MariaAve Maria, Florida. Joe Raedle/Getty Images Properties on the market: 218Increase in homes for sale year-over-year: 106.60%Median listing price: $474,9007. St. JohnsSt. Johns, Florida. Charles Brown Photo/Shutterstock Properties on the market: 269Increase in homes for sale year-over-year: 115.70%Median listing price: $575,0006. St. James CitySt. James, Florida. John Apte/Shutterstock Properties on the market: 123Increase in homes for sale year-over-year: 115.80%Median listing price: $599,9005. Dania BeachDania Beach, Florida. Photo by Elena Tarassova/Getty Images Properties on the market: 168Increase in homes for sale year-over-year: 118.20%Median listing price: $409,9004. Miami GardensMiami Gardens, Florida. felix Mizioznikov/Getty Images Properties on the market: 309Increase in homes for sale year-over-year: 120.70%Median listing price: $499,9993. PaceProperties on the market: 178Increase in homes for sale year-over-year: 128.20%Median listing price: $349,0002. Citrus SpringsCitrus Springs, Florida. Kevin O'Neill/Getty Images Properties on the market: 298Increase in homes for sale year-over-year: 136.50%Median listing price: $284,9901. St. PetersburgSt. Petersburg, Florida. Sean Pavone/Shutterstock Properties on the market: 2,141Increase in homes for sale year-over-year: 164.1%Median listing price: $440,000
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